Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2012 (8) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2012 (8) TMI 960 - AT - Income TaxAssessment under section 153A - Held that:- In view of the above discussions and also bearing in mind the binding nature of Special Bench decision in the case of All Cargo Logistics Ltd. (2012 (7) TMI 222 - ITAT MUMBAI(SB) ), we confirm the stand of the Commissioner (Appeals), wherein it has been held that where incriminating material found in the course of search proceedings relat ing to any assessment year, the completed assessment for such years cannot be disturbed. The stand so taken by the Commissioner is consistent with the stand taken by the Special Bench, Mumbai of this Tribunal, which has been pointed out earlier, is a binding judicial precedence for us. Accordingly, grievances of the Assessing Officer are rejected.
|